alt Hacker NewsWhy would anyone want to pay that much for something, unless it gives them some edge.
I don't know if it is still a thing, but in the world of penny stocks and crypto there used to be subscription pump and dump channels, where influencers would charge $x / month, and coordinate pumps. "Signal" channels, as they were named.
This can't be too different. If not even more straight forward insider stuff.
Either that, or it is just another way to bribe your way closer to Trump.
Business idea for Trump: Sell access to his Truth Social posts, but bake in some latency. Those that pay most, will get to see the posts first (via API). Then after X minutes of posting the posts will go live for everyone to see. How fast you want to see the post between publishing and public access, depends on how much you want to pay. The less latency, the more you need to pay.
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I think you’re missing the point. The payment is for early access. The posts don’t go live for everyone else until after a delay.
This isn’t some penny stock group. It’s the president of the USA who has command of the largest army in the world and signals his intentions to make governmental moves with a large impact on the markets via these posts.
If I had to venture a guess (and full disclosure I’m not currently working in the space, and am not privy to conversations about actually buying this product), the 100k/m for whatever the contract duration is relatively low stakes to see if there’s utility in the data. Since there is no historical data the only real option is to buy, see if it makes a difference, and dump the product at the end of the contract if it doesn’t move the needle.
The seller is trying to push upfront sales by suggesting “These guys are doing it, and if you want to keep an edge you need to too”, (and journalists wanting to write about how corrupt this shit is are eagerly picking this up and boosting the signal by writing these sorts of articles).
In 5-6 months I suspect the consumer number to be down to 1-2 from the original batch, and those who are still paying will probably be doing so because the fact that the contract exists will probably slip through the cracks.
I’m sure you could make a ton of money on oil if you had a 30 minute heads up about whether Trump was going to bomb Iran or not on any given day.
Trumps posts and actions have orders of magnitude more impact than random influencers with userbase of 5k
On paper, this is just standard enterprise API access most social media services offer. Isn't it?